Looking to diversify beyond GLEIX? The mutual funds below have the lowest correlation with GLEIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from GLEIX.
Best Diversifiers for GLEIX
15 mutual funds have low correlation with GLEIX (below 0.3), 9 of which are negatively correlated. The least correlated is Goldman Sachs Short Duration Bond Fund (GSSRX) (Short-Term Bond) with a 1Y correlation of -0.15, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | -0.15 | 0.07 | 0.10 | 78 | Short-Term Bond | GLEIX vs GSSRX | |
| Goldman Sachs Strategic Volatility Premium Fund | -0.14 | -0.02 | 0.00 | 95 | Large Cap Blend Equities | GLEIX vs SVPFX | |
| Goldman Sachs Growth Strategy Portfolio | -0.09 | 0.29 | 0.44 | 65 | Global Allocation | GLEIX vs GGSIX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | -0.09 | 0.28 | 0.42 | 80 | Large Cap Blend Equities | GLEIX vs GSPKX | |
| AQR Global Equity Fund | -0.06 | 0.32 | 0.49 | 77 | Global Equities | GLEIX vs AQGIX |
See all 35 diversifiers for GLEIX
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Diversification Analysis
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